United States v. Altvater, No. 19-1101 (1st Cir. 2020)Annotate this Case
The First Circuit affirmed Defendant's convictions of three counts of securities fraud for insider trading, holding that Defendant was not entitled to relief on any of his claims.
Specifically, the First Circuit held (1) the district court did not err in admitting into evidence a redacted recording and transcript of Defendant's Securities and Exchange Commission deposition; (2) the district court did not abuse its discretion in placing limits on Defendant's ability to cross-examine a witness; (3) Defendant waived his challenge to the district court's decision prohibiting Defendant from entering into evidence a certain email exchange; and (4) any prejudice resulting from the admission of the testimony of Defendant's ex-wife did not affect the outcome of the trial.